Economics need to change - now more than ever! With Exploring Economics, we strengthen alternative economic approaches and counter mainstream economics with a critical and pluralistic vision of economic education. We also provide background analyses on current economic debates to strengthen a critical economic discourse.
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In this video, John Maynard Keynes and F. A. Hayek come back to life and go out for a night in town and rap about boom and bust cycles. They battle each other with explanations why there is a boom and bust cylce in modern economies, why there are good reasons to fear boom and bust cycles and how to retaliate them. During the rap battle, many popular notions and key concepts of the two famous economists of the 20th century are thrown around.
Go to: Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!